The golden state becomes too hot to handle

Published in: Risk management, Cat risk, USA focus

Companies: AIG, AM Best, American Property Casualty Insurance Association,, Liberty Mutual, Nationwide, State Farm, Chubb

Property catastrophe losses in California have soared, with the result that insurers increasingly don't want to underwrite there. Could this be the beginning of a withdrawal from cat perils in other US states? Sarfraz Thind reports

Forgot your password?

To access the premium content on InsuranceERM, you must first sign in to your account

Not registered? Take a free no obligation one-month trial.